Reinsurance News
Gallagher creates India parametric pandemic policy reinsured by Munich Re
20th October 2025
Insurance and reinsurance broker Gallagher has structured and placed a tailored risk solution for the Indian market, with The Phoenix Mills Ltd. becoming the first insured in India to be covered against business interruption losses as a result of pandemic or epidemic outbreaks based on parametric triggers. New India Assurance, India's ... Read the full article
AXA XL appoints Martin Kriegler Global Head of Multinational Solutions Services
20th October 2025
AXA XL, the property, casualty and specialty risk division of AXA, has announced the appointment of Martin Kriegler as Global Head of Multinational Solutions Services. Kriegler brings to his new role over a decade of industry experience. Prior to his new role, he served as AXA XL’s Head of Multinational Solutions ... Read the full article
ARC makes $5.4m parametric payout to support Mozambique’s climate disaster response
20th October 2025
In response to recent climate disasters, the 2024/25 drought and Tropical Cyclone Chido, the African Risk Capacity (ARC) Group made a combined parametric insurance payout of $5.4 million to the Government of the Republic of Mozambique and the World Food Programme (WFP). The Government of Mozambique received just over $1.8 million ... Read the full article
Sollers Consulting report reveals major gaps in AI preparedness across the insurance industry
20th October 2025
A new report from Sollers Consulting, a business and IT consultancy specialising in digital transformation for insurers and financial institutions, reveals that artificial intelligence (AI) has firmly established itself in the insurance industry, particularly in claims processing. However, the study also finds significant variation between companies in their ability to implement ... Read the full article
Liberty Mutual Re names Andreas Blosche as Head of Northern Europe
20th October 2025
Liberty Mutual Reinsurance (LM Re), the reinsurance arm of Liberty Mutual Insurance Group, has announced the appointment of Andreas Blosche as Head of Northern Europe. Blosche succeeds Hans Van Oort, who has retired after six years with the company. Blosche assumes full responsibility for the region after serving two years as Deputy ... Read the full article
Now is the time to push traditional boundaries of risk-taking: Guy Carpenter’s Rousseau
20th October 2025
Speaking at the Baden-Baden Reinsurance Symposium, hosted by Guy Carpenter and featuring speakers from Hannover Re, Zurich Insurance, Descartes Underwriting, and Marsh, Laurent Rousseau, CEO of EMEA and Global Capital Solutions at Guy Carpenter, urged the re/insurance industry to step up and push the traditional boundaries of risk-taking. The annual symposium, ... Read the full article
Hannover Re’s E+S Rück expects continued demand and stable market for 2026
20th October 2025
Hannover Re’s German subsidiary, E+S Rückversicherung AG, has predicted continued demand for reinsurance and feels that despite trends showing a softening market emerging in property and casualty (P&C) reinsurance, a stable market environment in Germany is likely for 2026. At the 2025 Baden-Baden Reinsurance Meeting, E+S Rück, the reinsurer for the ... Read the full article
Rise of secondary perils key but reinsurance market ‘looks healthy’ ahead of 1.1, says AXA XL Reinsurance’s Romagne
20th October 2025
As the reinsurance industry meets in Baden-Baden, the rise of secondary perils are expected to be a key focus and with elevated loss activity there will be a lot of focus on catastrophe covers at the January 1st, 2026, renewals, according to Bertrand Romagne, CEO, International, AXA XL Reinsurance. We spoke ... Read the full article
Howden US appoints Ron Borys as Head of Financial Lines Group
20th October 2025
Insurance broker Howden US has appointed Ron Borys as Head of its Financial Lines Group, based in New York. The broker explained that this appointment reinforces its commitment as the new US retail business continues to attract "market-leading" talent. Borys will build the practice and create tailored solutions for clients across Financial ... Read the full article
Tokio Marine Kiln introduces Enterprise Ctrl to strengthen protection against digital and professional risks
20th October 2025
Tokio Marine Kiln (TMK), an international specialist insurance company and part of the Tokio Marine Group, has announced the launch of Enterprise Ctrl, a new enterprise errors and omissions (E&O) insurance solution. The product enhances TMK’s recently introduced Cyber Ctrl+ suite and brings together coverage for Cyber, Technology E&O, Media, and ... Read the full article
de Swart nominated to become a.s.r CEO and Chair of Executive Board
20th October 2025
Ingrid de Swart has been nominated to succeed Jos Baeten as CEO and Chair of the Executive Board (EB) of ASR Nederland N.V. (a.s.r.) following the end of his term at the Annual General Meeting (AGM) on 20 May 2026. Joop Wijn, Chair of the SB of a.s.r., stated : "The ... Read the full article
Capital flexibility drives competitive advantage among US insurers: Morningstar DBRS
17th October 2025
Morningstar DBRS, a provider of credit ratings and risk analysis, reports that the ability to access capital continues to be one of the most important factors influencing the Financial Strength Ratings (FSRs) of US insurance companies. According to Morningstar DBRS, capital flexibility directly affects how insurers finance growth, manage risk, and ... Read the full article
Preferred Re appoints Tyler King as EVP
17th October 2025
Preferred Reinsurance Intermediaries, a boutique reinsurance intermediary and subsidiary of Balavant Insurance Group, has appointed Tyler King as Executive Vice President (EVP). The appointment aligns with Preferred Re's strategy to build a leadership team with the expertise, relationships, and vision to drive growth and strengthen its position in the expanding program ... Read the full article
Re/insurance industry must capitalise on huge data centre opportunity: Turk, Lloyd’s
17th October 2025
Data centres offer re/insurers a massive opportunity due to their scale, but they also carry significant risks, and if the industry cannot quickly provide solutions that meet the needs of technology giants, these risks could move into captives, said Rachel Turk, Chief Underwriting Officer at Lloyd’s, the specialist insurance and ... Read the full article
Gallagher launches InsurX powered smart follow cross-class facility for LatAm facultative reinsurance
17th October 2025
Gallagher, the global insurance and reinsurance broking group, has launched a new smart follow cross-class tracker facility called Galaxy, powered by InsurX and backed by Canopius, Munich Re, and others, it has been developed to connect facultative capacity from the London market with clients in Latin America. Galaxy ... Read the full article
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